CLOSED SALES FOR JUNE:

• Average sales price in June is the lowest in the 10 year period for which we have data (2000 – 2009).
• June closed sales units are up 35% over June 2008.
• Closed sales units year-to-date June are up 26% over year-to-date June 2008.
• Median sales price is down 42% from June 2008 and remains has remained constant at approximately the same level since January.

PENDED SALES FOR JUNE:

• Pended sales units for June are up 80% over June 2008.
• Pended sales units year-to-date June are up 70% over the same period last year.
• The price segment below $250,000 continues to dominate with 66% of pended sales through June falling into this category.
• June pended sales are the highest for the month during the 10 year data period (2000 – 2009).

NEW LISTINGS FOR JUNE:

• New listings taken in June are down 5% from June 2008.  Active listing inventory on July 1, 2009 for the combined Naples/Bonita Springs/Estero market area stands at 11,394 (5844 condominiums and 5550 single family homes).  This represents a 17% decrease in condo inventory and a 15% drop in single family housing inventory when compared with June 2008.

See the complete report:
http://www.myjrw.com/documents/Forms/MarketReportJune2009.pdf

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Posted by Linda Loomis, Realtor
John R. Wood Realtors
Naples FL